HII’s Ingalls Shipbuilding has been awarded a $2.4 billion U.S. Navy fixed-price-incentive contract for the detail design and construction of amphibious assault ship LHA 9. The award includes options, that if exercised, would bring the cumulative value…
Ingalls Awarded $2.4 Billion Deal to Build US Warship LHA 9 Read More »
After previously considering a mix of newbuildings that included 15,000 teu vessels, OOCL and Cosco Shipping Lines are going big with 12 megamax boxships
The Baltic Exchange’s dry bulk sea freight index on Friday marked its worst week since early August, primarily weighed down by weakness in the larger capesize and panamax vessel segments.The overall index, which factors in rates for capesize…
Baltic Dry Index Marks Worst Week in Three Months Read More »
Industry group accuses Massachusetts offshore wind project of exploiting a ‘loophole’ to employ lower-cost foreign workers
US Offshore Marine Service Association hits out at Vineyard Wind over Dutch tug Read More »
TradeWinds’ news editor brings the highlights of the week